Waystar Holding (WAY) Interest Coverage Ratio (2023 - 2026)
Waystar Holding (WAY) posted Interest Coverage Ratio of 3.87 for Q2 2026, down 0.68% on a QoQ basis from 3.9 in Q1 2026, and up 8.96% year-over-year from 3.55 in Q2 2025.
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Waystar Holding (WAY) Interest Coverage Ratio (2023 - 2026) Analysis & Trends
Waystar Holding has reported Interest Coverage Ratio for 4 years, with the latest figure at 3.87 in Q2 2026.
- On a quarterly basis, Interest Coverage Ratio rose 8.96% year-over-year to 3.87 in Q2 2026; TTM through Jun 2026 was 3.42, a 23.01% increase from a year earlier, with the FY2025 full-year figure at 3.22, up 280.09% from the prior year.
- Interest Coverage Ratio was 3.87 for Q2 2026 at Waystar Holding, down from 3.9 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 3.9 in Q1 2026, with the low at 0.73 in Q2 2023.
- Average Interest Coverage Ratio over 4 years is 1.79, with a median of 2.58 recorded in 2025.
- The sharpest annual moves came in 2024 and 2025: Interest Coverage Ratio surged 2366.66% in 2024, then decreased 2.47% in 2025.
- Over 4 years, Interest Coverage Ratio stood at 0.11 in 2023, then soared by 2366.66% to 2.65 in 2024, then retreated by 2.47% to 2.58 in 2025, then soared by 50.0% to 3.87 in 2026.
- The last three Interest Coverage Ratio figures came in at 3.87 (Q2 2026), 3.9 (Q1 2026), and 2.58 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 44.53 Bn | 37.29 Bn | 695.95 Mn | - |
| 2 | Waystar Holding | 4.81 Bn | 4.62 Bn | 221.99 Mn | 3.87 |
| 3 | Doximity | 4.74 Bn | 4.05 Bn | 132.93 Mn | - |
| 4 | CCC Intelligent Solutions Holdings | 4.41 Bn | 4.30 Bn | 210.64 Mn | 2.34 |
| 5 | EverCommerce | 1.40 Bn | 1.27 Bn | 119.50 Mn | - |
| 6 | Schrodinger | 1.32 Bn | 904.47 Mn | 32.43 Mn | - |
| 7 | Certara | 1.21 Bn | 1.03 Bn | 58.15 Mn | -0.04 |
| 8 | GoodRx Holdings | 1.18 Bn | 887.53 Mn | 179.41 Mn | 2.41 |
| 9 | Healthstream | 853.81 Mn | 787.08 Mn | 54.72 Mn | - |
| 10 | Phreesia | 677.81 Mn | 677.81 Mn | 110.19 Mn | 4.40 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.87 |
| Mar 31, 2026 | 3.90 |
| Dec 31, 2025 | 2.58 |
| Sep 30, 2025 | 3.44 |
| Jun 30, 2025 | 3.55 |
| Mar 31, 2025 | 3.45 |
| Dec 31, 2024 | 2.65 |
| Sep 30, 2024 | 1.47 |
| Jun 30, 2024 | 0.16 |
| Mar 31, 2024 | -0.62 |
| Dec 31, 2023 | 0.11 |
| Sep 30, 2023 | -0.61 |
| Jun 30, 2023 | -0.73 |